Planning project | Marketing homework help

 

Week Seven Individual Project Deliverable – Create Risk Management

Create a project risk management document using the elements from this week’s lesson and reading. The document should be in Word and include the following elements:

  • Planning – describe your strategy for handling risks in your project.
  • Identification – list at least seven negative risks and three positive risks for your project.
  • Qualitative analysis – use a probability and impact matrix, past experience, or some other technique to prioritize the risks.
  • Quantitative analysis – based on the prioritization of the risks, determine a number for each risk such as a monetary figure or days the risk event will affect the project if the risks occur.
  • Response planning – determine the strategy to handle each of the risks: Escalate, exploit, enhance, share, or accept for positive risks and escalate, avoid, mitigate, transfer or accept for negative risks.
  • Response implementation – assume three of the risk events occurred and describe how the responses you chose worked to handle each risk.
  • Monitoring – describe how you will monitor your project for new risks and review the implementation of responses for risks that have occurred. Tools such as data analysis, audits and meetings can be used for monitoring.

A table in Word may be used for the Identification, Qualitative Analysis, Quantitative Analysis, and Response Planning sections. The other sections can be in paragraph form. 

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Planning project | Marketing homework help

 

Week Seven Individual Project Deliverable – Create Risk Management

Create a project risk management document using the elements from this week’s lesson and reading. The document should be in Word and include the following elements:

  • Planning – describe your strategy for handling risks in your project.
  • Identification – list at least seven negative risks and three positive risks for your project.
  • Qualitative analysis – use a probability and impact matrix, past experience, or some other technique to prioritize the risks.
  • Quantitative analysis – based on the prioritization of the risks, determine a number for each risk such as a monetary figure or days the risk event will affect the project if the risks occur.
  • Response planning – determine the strategy to handle each of the risks: Escalate, exploit, enhance, share, or accept for positive risks and escalate, avoid, mitigate, transfer or accept for negative risks.
  • Response implementation – assume three of the risk events occurred and describe how the responses you chose worked to handle each risk.
  • Monitoring – describe how you will monitor your project for new risks and review the implementation of responses for risks that have occurred. Tools such as data analysis, audits and meetings can be used for monitoring.

A table in Word may be used for the Identification, Qualitative Analysis, Quantitative Analysis, and Response Planning sections. The other sections can be in paragraph form. 

Get 20% Discount on This Paper
Pages (550 words)
Approximate price: -

Try it now!

Get 20% Discount on This Paper

We'll send you the first draft for approval by at
Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

Quality Essay Help has stood as the world’s leading custom essay writing services providers. Once you enter all the details in the order form under the place order button, the rest is up to us.

Essays

Essay Writing Services

At Quality Essay Help, we prioritize on all aspects that bring about a good grade such as impeccable grammar, proper structure, zero-plagiarism and conformance to guidelines. Our experienced team of writers will help you completed your essays and other assignments.

Admissions

Admission and Business Papers

Be assured that you’ll definitely get accepted to the Master’s level program at any university once you enter all the details in the order form. We won’t leave you here; we will also help you secure a good position in your aspired workplace by creating an outstanding resume or portfolio once you place an order.

Editing

Editing and Proofreading

Our skilled editing and writing team will help you restructure you paper, paraphrase, correct grammar and replace plagiarized sections on your paper just on time. The service is geared toward eliminating any mistakes and rather enhancing better quality.

Coursework

Technical papers

We have writers in almost all fields including the most technical fields. You don’t have to worry about the complexity of your paper. Simply enter as much details as possible in the place order section.